Price for Cereals; Grain Sorghum, Other than Seed in Sudan - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Sudan (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Sudan (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Sudan
- Exports of Cereals; Grain Sorghum, Other than Seed in Sudan
Price for Cereals; Grain Sorghum, Other than Seed in Sudan (CIF) - 2022
In 2022, the average import price for cereals; grain sorghum, other than seeds amounted to $263 per ton, which is down by -13.9% against the previous year. Overall, the import price showed a mild descent. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. As a result, import price attained the peak level of $305 per ton, and then contracted in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.3% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Sudan (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $497 per ton in 2022, growing by 2.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 72%. Over the period under review, the average export prices hit record highs at $513 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($508 per ton), while the average price for exports to Jordan ($419 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+3.2%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Grain Sorghum, Other than Seed in Sudan
In 2022, imports of cereals; grain sorghum, other than seeds into Sudan dropped to 86K tons, with a decrease of -5.1% compared with 2021 figures. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 11%.
In value terms, imports of cereals; grain sorghum, other than seeds reduced remarkably to $22M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 58%. As a result, imports attained the peak of $28M, and then contracted notably in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.5 | 17.4 | 26.8 | 22.5 | 0.0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 22.5 | 17.4 | 27.5 | 22.5 | 0.0% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Sudan in 2022:
- United States (85.5K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Sudan
After two years of decline, overseas shipments of cereals; grain sorghum, other than seeds increased by 422% to 14K tons in 2022. Overall, exports, however, showed a dramatic decrease.
In value terms, exports of cereals; grain sorghum, other than seeds skyrocketed to $7.1M in 2022. In general, exports, however, faced a sharp curtailment.
| Export of Cereals; Grain Sorghum, Other than Seed in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 43.5 | 10.5 | 1.2 | 6.3 | -47.5% |
| Belgium | 0.6 | 0.8 | 0.1 | 0.3 | -20.6% |
| Jordan | 0.4 | 0.5 | N/A | 0.2 | -20.6% |
| Others | 1.1 | 1.1 | 0.1 | 0.2 | -43.3% |
| Total | 45.5 | 12.9 | 1.3 | 7.1 | -46.2% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Sudan in 2022:
- Kenya (12.5K tons)
- Belgium (0.7K tons)
- Jordan (0.4K tons)
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